Ironclad

Enterprise Software

Founded: 2014

Last Round Valuation: $3.29B

Ironclad is a company that has developed a platform for managing the entire lifecycle of contracts. Their contract lifecycle management platform allows businesses to efficiently collaborate on contracts, streamline the negotiation process, ensure compliance, and leverage contracts as valuable sources of operational business intelligence.

Ironclad Overview:

Ironclad is a leading provider of contract lifecycle management (CLM) solutions that revolutionize the way businesses manage and streamline their contract processes. Founded in 2014 by Jason Boehmig and Cai GoGwilt, Ironclad has quickly established itself as a trusted platform for organizations of all sizes and industries.

The Ironclad CLM platform is designed to address the challenges and complexities associated with contract management. It offers a comprehensive set of features and tools that enable businesses to handle the entire lifecycle of contracts, from creation and negotiation to execution and analysis. By digitizing and automating various contract-related tasks, Ironclad helps businesses save time, reduce manual errors, and improve overall operational efficiency.

One of the key strengths of Ironclad is its collaborative capabilities. The platform allows teams to work together seamlessly on contracts, enabling real-time collaboration, commenting, and tracking changes. This fosters efficient communication and enhances productivity throughout the contract negotiation and approval process.

Ironclad also emphasizes compliance and risk management. The platform provides robust security measures to protect sensitive contract data and ensures compliance with regulatory requirements. It offers customizable workflows and approval processes, enabling businesses to enforce standardized procedures and maintain governance.

Furthermore, Ironclad leverages advanced analytics and reporting capabilities to transform contracts into valuable sources of business intelligence. Users can gain insights into contract performance, identify trends, track key metrics, and make data-driven decisions. This helps businesses optimize contract management strategies, mitigate risks, and identify opportunities for improvement.

Ironclad's platform is highly flexible and scalable, accommodating the unique needs of different industries and organizations. It integrates with other essential business tools and systems, such as CRM and ERP platforms, enabling seamless data exchange and process automation.

With a commitment to innovation and customer success, Ironclad continues to enhance its platform and deliver industry-leading solutions. Its client base spans across various sectors, including technology, financial services, healthcare, and legal services.

Overall, Ironclad empowers businesses to transform their contract management processes, streamline operations, reduce risks, and maximize the value of their contracts.

Founders:

  • Jason Boehmig

  • Cai GoGwilt

Top Investors:

  • Franklin Templeton

  • BOND

  • YC Continuity

  • Bond Capital

  • Lux Capital

  • Accel

  • Y Combinator

  • Emergence Capital

  • Sequoia Capital

  • 500 Startups

  • Greylock Partners

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Jan 2022 Series E $150MM $335.63MM $2.28 $3.29B Franklin Templeton, BOND, YC Continuity
Jan 2021 Series D $100MM $185.63MM $0.80 $1.03B Bond Capital, Lux Capital, Accel
Sep 2019 Series C $50MM $85.63MM $0.39 $398.48MM Y Combinator, Emergence Capital, Accel
Jan 2019 Series B $22.75MM $35.63MM $0.13 $112.75MM Y Combinator, Accel, Sequoia Capital
Aug 2017 Series A $12.88MM $12.88MM $0.05 $27MM Accel, 500 Startups, Greylock Partners

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